The program, started in 2015, will provide Yenching Scholars, selected annually from around the world, with full scholarships for a two-years master's degree from Peking University.
The program hosts in its own purpose-built residential college and is designed to cultivate leaders who will advocate for global progress and cultural understanding.
[citation needed] Graduation from the academy requires the successful completion of at least 31 academic credits, as well as writing and orally defending a master's thesis.
The program will initially offer concentrations in law and society, economics and management, public policy and international relations, literature and culture, history and archaeology, and philosophy and religion.
[citation needed] In addition to a fully funded scholarship, scholars also receive a monthly stipend of $500 and round-trip airfare.